Airtel Kenya’s losses doubled in 2020 to Sh5.9 billion even as its auditors raised the red flag on the company’s financial health after the telco’s cumulative losses rose to Sh77.41 billion.
Airtel also saw its net liability position widen further to Sh43.7 billion in the full year to December 2020, up from Sh37.78 billion as of December 2019, pointing to its insolvent position.
